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questions if innovation has truly been the main driver of those instruments. It provides a brief overview on the intersections … of politics, economics, innovation and institutions as well as the main choices, incentives and alliances of the … Brazilian government, which are illustrated by the Innovation Law, PITCE, PDP and campaign financing of President Lula's 2002 …
Persistent link: https://www.econbiz.de/10008836420
Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...
Persistent link: https://www.econbiz.de/10003872189
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
) and the complex systems evolutionary economics (EE) to address issues related to innovation processes, technological … of socio-technical systems of production and innovation. Finally, it provides a perspective of generality and scope, an … concepts in the context of the functioning of socio-technical systems of production and innovation. Then as a closure raises …
Persistent link: https://www.econbiz.de/10009322648
Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...
Persistent link: https://www.econbiz.de/10010273444
innovation. In other words, competitiveness is a necessary but not sufficient condition for continued prosperity. Hence, the need …
Persistent link: https://www.econbiz.de/10011107392
demand and of the innovation function, and with the extent of spillover effects. In terms of consumer surplus standard, the …
Persistent link: https://www.econbiz.de/10011482905
economic development. Knowledge-based economies are founded on increasing specialization, research, innovation and learning … training, innovation, information infrastructure, the institutional regime. This contribution will focus mainly on one of those …
Persistent link: https://www.econbiz.de/10009652951
Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles and growth is presented where the determinants of...
Persistent link: https://www.econbiz.de/10011507773